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    OFF-MARKET
    Retail properties & Spaces

    2210 Us-1, Rockingham, NC 28379

    1,876 SF 0.61 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,876 square foot retail property, situated on a 0.61-acre lot at the intersection of US Highway 1 and State Highway 177 in Marston, presents a unique investment opportunity. Built in 1980, the single-story building boasts direct frontage and convenient access to both major highways, ensuring high visibility and accessibility for customers. The property's strategic location less than a mile from the renowned Rockingham Speedway and Rockingham Dragway guarantees significant foot traffic and potential for substantial revenue generation. 2021 traffic counts reveal an impressive 10,500 AADT (Average Annual Daily Traffic). While previously equipped with gas pumps, they have since been removed, offering flexibility for a variety of retail uses. The property is zoned HC (Highway Commercial), making it ideal for a convenience store or similar business. The building is currently vacant, providing immediate occupancy for a new tenant. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area with strong potential for growth. The property's APN is 841402965969 and is located within the Richmond County submarket cluster.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1980
    Total area 1,876 SF
    Lot 0.61 ac (26,572 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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